ETHICAL COMPLIANCE REPORT

ASTRA MICROWAVE

Sector:

Technology

Industry:

Communication Equipment

Overall Compliance

compliant

compliant

Revenue Ratio

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.

0.8%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:74218000.009205074000.00×100=0.80%\textbf{Revenue Ratio:} \\[12pt] \dfrac{74218000.00}{9205074000.00} \times 100 = 0.80\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Services
compliant
compliant		₹32.78
sub-systems for Radio Frequency and microwave systems
compliant
compliant		₹876.04
Interest income
non-compliant
non-compliant		₹7.42
Other Income
compliant
compliant		₹4.27

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

16.1%

CALCULATION

Debt Ratio:2376415000.0014741407000.00×100=16.10%\textbf{Debt Ratio:} \\[12pt] \dfrac{2376415000.00}{14741407000.00} \times 100 = 16.10\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

8.9%

CALCULATION

Liquidity Ratio:1309086000.0014741407000.00×100=8.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1309086000.00}{14741407000.00} \times 100 = 8.90\%

FORMULA

Liquidity Ratio:Total Liquid AssetsTotal Assets×100  ≤  90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%